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✉news HealthMedicine first seen 21 h ago, last 49 min ago, peak #7

General Medicine raises $120M from a16z, Eli Lilly and Mercy Health

Original: General Medicine banks $120M backed by a16z, Eli Lilly and Mercy Health to build out healthcare storefront

General Medicine has secured $120 million in funding backed by Andreessen Horowitz, Eli Lilly and Mercy Health to expand its healthcare storefront model. The round draws together a major venture firm, a pharmaceutical giant and a health system behind the company's plan to broaden consumer access to care. The backing is notable as investors and providers continue to bet on new front-door models for healthcare delivery.

Why now: A large funding round combining top venture capital, pharma and a health system signals growing interest in new healthcare delivery models.

General MedicineAndreessen HorowitzEli LillyMercy Health

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